Olympiad Research LP Invests $195,000 in Perella Weinberg Partners (NASDAQ:PWP)

Olympiad Research LP acquired a new position in shares of Perella Weinberg Partners (NASDAQ:PWPFree Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 15,932 shares of the company’s stock, valued at approximately $195,000.

Several other large investors have also modified their holdings of the stock. Allworth Financial LP acquired a new stake in Perella Weinberg Partners during the 4th quarter worth approximately $44,000. Quantbot Technologies LP acquired a new stake in Perella Weinberg Partners in the third quarter valued at approximately $62,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Perella Weinberg Partners by 21.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,681 shares of the company’s stock valued at $131,000 after acquiring an additional 1,855 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Perella Weinberg Partners during the fourth quarter worth approximately $137,000. Finally, Principal Financial Group Inc. grew its position in shares of Perella Weinberg Partners by 31.9% during the third quarter. Principal Financial Group Inc. now owns 19,034 shares of the company’s stock worth $194,000 after buying an additional 4,607 shares in the last quarter. 41.07% of the stock is currently owned by hedge funds and other institutional investors.

Perella Weinberg Partners Stock Down 0.4 %

Perella Weinberg Partners stock opened at $15.41 on Friday. The company has a fifty day moving average price of $15.13 and a two-hundred day moving average price of $13.21. Perella Weinberg Partners has a 12 month low of $7.64 and a 12 month high of $16.52.

Perella Weinberg Partners (NASDAQ:PWPGet Free Report) last issued its quarterly earnings results on Friday, May 3rd. The company reported ($0.10) EPS for the quarter. Perella Weinberg Partners had a positive return on equity of 17.87% and a negative net margin of 7.74%. The business had revenue of $102.13 million during the quarter.

Perella Weinberg Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Tuesday, May 28th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.82%. The ex-dividend date is Friday, May 24th. Perella Weinberg Partners’s dividend payout ratio (DPR) is presently -15.05%.

Wall Street Analyst Weigh In

Separately, JMP Securities raised their price target on shares of Perella Weinberg Partners from $18.00 to $22.00 and gave the stock a “market outperform” rating in a research report on Tuesday, April 9th.

Check Out Our Latest Stock Analysis on Perella Weinberg Partners

Perella Weinberg Partners Company Profile

(Free Report)

Perella Weinberg Partners, an independent investment banking company, provides strategic and financial advice services in the United States and internationally. The company offers advisory services related to strategic and financial decisions, mergers and acquisition execution, shareholder and defense advisory, and financing and capital solutions advice with resources focused on restructuring, liability management, and capital markets advisory, as well as underwriting and research services primarily for the energy and related industries.

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Institutional Ownership by Quarter for Perella Weinberg Partners (NASDAQ:PWP)

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